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Deutsche Transfers Banker To Dubai

July 3, 2008 - Christopher Laing, Deutsche Bank's co-head of equity capital markets for Central and Eastern Europe, the Middle East and Africa, is relocating from London to Dubai. He will manage and grow the firm's equity capital markets business in the Middle East and Africa.

FOCUS Bank To Run IT Segment

July 2, 2008 - FOCUS LLC, a national middle-market investment bank, will form an information technology group, the firm announced Wednesday.

Needham Appoints Private Placements Head

July 1, 2008 - Peter Bennett, formerly head of private placements at Deutsche Bank, Piper Jaffray and Lazard Middle Market, has been tapped to lead the private placement group at Needham & Co.

Cowen Lands Merrill Internet Banker

July 1, 2008 - Matt Schultz, the former head of Internet and digital media investment banking at Merrill Lynch, has joined Cowen & Co. as a managing director within technology investment banking.

Morgan Stanley Seals Learning Care Deal

June 26, 2008 - Morgan Stanley Private Equity has completed its $700 million acquisition of children’s education provider Learning Care Group. The transaction is Morgan Stanley Private Equity's third US investment.

Merisel Sues American Capital

June 24, 2008 - While the lawsuit involving Huntsman and Apollo Management have generated much of the headlines in recent days, a smaller dispute is ongoing between Merisel Inc. and American Capital Strategies, with the former filing a $3.5 million lawsuit in the Delaware Court of Chancery seeking to recover a $3.5 million termination fee after a deal between the two fell apart.

William Blair Lands New Telecom Analyst

June 23, 2008 - William Blair is expanding its equity research group to include coverage of the telecom sector with the hire of well-regarded senior analyst Jason Ader, according to IDD sources.

Default Rates Up Sharply In 1H, S&P Says

June 23, 2008 - Thirty-three companies defaulted in the first six months of 2008, surpassing the 22 defaults seen in 2007 and 30 defaults of 2006, according to a report by Standard & Poor's which expects 74 US companies to default over the next 12 months.

Getty Shareholders Approve Buyout

June 23, 2008 - Hellman & Friedman’s pending $2.4 billion acquisition of Getty Images has been approved by the Seattle-based company’s shareholders.

Ratings Actions & Outlooks

June 23, 2008 - Some of the key ratings downgrades and revised outlooks from Moody's and S&P.

TVT Records Bought Out Of Bankruptcy

June 23, 2008 - The Orchard, a New York digital music and video distributor, has acquired TVT Records out of bankruptcy, taking control of the record label that has been behind a diverse range of chart-topping artists including Nine Inch Nails and Lil Jon.

Jefferies Appoints Co-Head of I-Banking

June 20, 2008 - Alec Ellison, chairman of Jefferies & Co.'s technology, media and telecommunications sector activities, has been appointed co-head of investment banking at the firm.

Quadrangle Logs Into Greenfield Online

June 16, 2008 - The Quadrangle Group has agreed to acquire interactive media and services data gatherer Greenfield Online for $426 million excluding debt.

Ratings Actions & Outlooks

June 16, 2008 - The latest ratings actions and outlooks from Moody's and S&P.

FBR Execs Starting New Mortgage Fund

June 13, 2008 - Michael Youngblood and Steve Gaenzler are leaving FBR Investment to start a new investment management and advisory company, and will launch a mortgage opportunities fund that will specialize in mortgage loans and securities.